Nvidia shares slide again as CEO scandal deepens

nieuwsblad.be (Dutch) —

Nvidia shares fell sharply again on Wall Street Tuesday amid the scandal surrounding CEO Jensen Huang and an alleged Chinese spy, with the stock dropping 5.5 percent. The decline follows Monday's 4 percent loss, erasing over $400 billion in market value in two days. The FBI is investigating, and Nvidia and Huang face lawsuits for allegedly misleading shareholders by concealing the relationship. The 63-year-old Huang's future as CEO is uncertain, with an internal probe underway. Broader markets also fell on higher-than-expected US inflation data, with the Dow down 0.3 percent and Nasdaq down 0.7 percent.


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